What kind of suggestions do you have to save money on taxes?
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Great question David,
There are certainly ways to save money on taxes depending on situations and business needs. The only suggestion I would have is get an accountant, it doesn’t necessarily have to be a CPA but get an Accountant that would understand your tax situation so they can best advise you. So NO not every small business should have a CPA but yes every small business need an accountant. No there is no need in having a tax attorney to review your spending or paying taxes, if you have the a good accountant they will be able to address those areas without any additional cost.
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More answers from Lam
Lam, thank you.
What if the tax attorney would offer a free review of your taxes and the consult was free? Would you see any value? Here is one that offers a free review and a free consultation. You can keep your CPA or tax preparer with them. They are www.TaxBooster.com
David,
Sorry I thought your question was general to get some answers on some concerning tax situations you or others you know might be dealing with but it’s seem you might be looking for leads. The point of offering a free review and consulting is to get clients and offer recommendations. My answer is still the same, get an accountant that can address your concerns, however one can seek more services from tax attorney if need be but it’s not necessary if someone is just looking at ways to save money they can just follow some of the suggestion added here by others.